Letshego Ghana Savings and Loans secures GHc 100m through debt capital market
Letshego Ghana Savings and Loans Plc has successfully listed its GHS100m Senior Unsecured Dual Bond Offer on the Ghana Fixed Income Market, marking its second issuance this year under its expanded GHS500 million Medium-Term Note Programme. This demonstrates the company’s commitment to diversifying its funding base and providing alternative investment opportunities to the local debt capital market. With this latest issuance, Letshego has raised a total of GHS 200 million in 2024, having earlier secured GHS 100 million in March. The issuance saw significant interest, with total bids peaking at GHS131 million reflecting an oversubscription rate of 1.31 times.The transaction...
